Problem $8-4$ Buying Stock with a Market Order $($LG$8-4)$

You would like to buy shares of Sirius Satellite Radio $($SIRI$).$ The current ask and bid quotes are $$3\mathrm{.}94$ and $$3\mathrm{.}91,$ respectively. You place a market buy order for $530$ shares that executes at these quoted prices.

How much money did it cost to buy these shares?

Note: Round your answer to $2$ decimal places.